While Indian organisations are realistic about overall levels of risk and expect it to increase, they are not as realistic about their own cyber-readiness
Many of our banks and capital market participants have cyber risk management plans at an institutional level. What is needed is an industry standard
The banking and financial services industry has taken the lead, both globally and domestically, in improving its data security
Last year, multiple incidents of ransomware attacks like WannaCry, Petya and Locky were reported globally
The first passphrase system incorporated, in part, a specialised wordlist using simple, common words; a six-word sentence structure that made meaningful sense
Indians recognise encryption with Bring Your Own Key capabilities as the top security tool for securing sensitive data in Cloud environments and continue to spend their resources on it
India has moved up a notch overtaking Russia as the third most targeted country in terms of cyber attacks, according to Symantec's Internet Security Threat Profile report
At least 89% professionals stated that IT infrastructure and critical data are not fully protected
72 per cent respondents predicted high demand for cybersecurity in 2020
Measuring how a phone moves when its owner is walking could suggest how old a person is, whether they are male
80% of traditional companies will lose 10% in market share due to disruptive competition: Gartner
Organisations are least prepared against external threats, with 61 per cent citing hackers and cyber warfare as top concerns
Experts say levying a cess on companies is not a way to enhance cyber security of digital payments
Tyagi also said block-chain technology might pose serious challenge to any centralised record-keeping institution
Agency to help in creating EU-wide certificates for trusted energy, transport and other networks
They cited specific shortfalls in the administration's approach to cyber security & broader concerns
Blockchain technology might be able to help us secure our own endpoints, say computer experts
The incidents include phishing, website intrusions and defacements as well as ransomware attacks
Industrial facilities in India, particularly the power sector, are showing early signs of higher demand for cyber security systems as operations increasingly turn digital. Engineering companies say such systems are mostly being provided now as an added service in the operations and maintenance segment."Awareness about cyber security has increased in industries and power utilities in recent years. This has been driven by the increasing integration of information technology and the Internet of Things in an age of connected devices and the energy revolution. While it is still too early to speak about volumes of such opportunities, the way the industry and utilities are moving forward, the range of play will only increase," said Akilur Rahman, chief technology officer at ABB India.Last week, Siemens India said it would provide cyber security solutions for CLP India's power plant automation system. This was not the sole instance. "As you go for digitalisation, as more and more become ...
Companies view it as an IT issue, not a business one